Civic Intelligence

Central Valley School District Financing Corporation

990 • Fiscal year 2017 • EIN 77-0129270

Jul 01, 2016 to Jun 30, 2017 • Filed on May 15, 2018

Organization ProfileN/A
1450 Herndon AvenueClovis, CA 93612

(559) 327-9000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.27x

Higher debt load relative to assets than 73% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

80th percentile

0.95x

Higher debt load relative to revenue than 80% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Net Margin

99th percentile

98%

Higher net margin than 99% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

58th percentile

$0

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Asset Growth

92nd percentile

40%

Faster asset growth than 92% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

52nd percentile

3.4%

Faster revenue growth than 52% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$1,447,755

Up $412,260 (+40%) from 2016

Net Assets

Up

$1,054,092

Up $403,597 (+62%) from 2016

Liabilities

Up

$393,663

Up $8,663 (+2.3%) from 2016

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin99th percentile

Revenue

Up

$412,260

Up $13,456 (+3.4%) from 2016

Expenses

Down

$8,663

Down $8,325 (-49%) from 2016

Net Income

Up

$403,597

Up $21,781 (+5.7%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$10M$0-$10MAssets 2011: $13,189,457Liabilities 2011: $18,175,000Net Assets 2011: -$4,985,5432011Assets 2012: $8,588,595Liabilities 2012: $14,330,000Net Assets 2012: -$5,741,4052012Assets 2013: $4,565,295Liabilities 2013: $10,930,000Net Assets 2013: -$6,364,7052013Assets 2014: $1,015,760Liabilities 2014: $1,110,000Net Assets 2014: -$94,2402014Assets 2015: $1,023,679Liabilities 2015: $755,000Net Assets 2015: $268,6792015Assets 2016: $1,035,495Liabilities 2016: $385,000Net Assets 2016: $650,4952016Assets 2017: $1,447,755Liabilities 2017: $393,663Net Assets 2017: $1,054,0922017Assets 2018: $1,075,295Liabilities 2018: $0Net Assets 2018: $1,075,2952018Assets 2019: $1,098,267Liabilities 2019: $0Net Assets 2019: $1,098,2672019Assets 2020: $81,326Liabilities 2020: $0Net Assets 2020: $81,3262020Assets 2021: $84,173Liabilities 2021: $82,988Net Assets 2021: $1,1852021

Highlighted filing

2017

Assets$1,447,755
Liabilities$393,663
Net Assets$1,054,092
Open 2017 Filing

Operations Trend

Revenue Growth52nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500K-$1.0MRevenue 2011: $0Expenses 2011: $977,043Net Income 2011: -$977,0432011Revenue 2012: $0Expenses 2012: $755,862Net Income 2012: -$755,8622012Revenue 2013: $0Expenses 2013: $623,300Net Income 2013: -$623,3002013Revenue 2014: $39,993Expenses 2014: $433,921Net Income 2014: -$393,9282014Revenue 2015: $404,882Expenses 2015: $41,963Net Income 2015: $362,9192015Revenue 2016: $398,804Expenses 2016: $16,988Net Income 2016: $381,8162016Revenue 2017: $412,260Expenses 2017: $8,663Net Income 2017: $403,5972017Revenue 2018: $21,203Expenses 2018: $0Net Income 2018: $21,2032018Revenue 2019: $22,972Expenses 2019: $0Net Income 2019: $22,9722019Revenue 2020: $22,370Expenses 2020: $0Net Income 2020: $22,3702020Revenue 2021: $2,847Expenses 2021: $0Net Income 2021: $2,8472021

Highlighted filing

2017

Revenue$412,260
Expenses$8,663
Net Income$403,597
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.0
Gross Receipts
$412,260
Mission and Program Overview

Mission

The corporation was formed for the primary purpose of providing financial assistance to the clovis unified school district and fresno unified school district as well as other public agencies for construction, acquisition, improvement and remodeling of public school buildings and facilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,031,950$1,442,955▲ $411,005
Accounts Receivable$3,545$4,800▲ $1,255
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,035,495$1,447,755▲ $412,260
Other Assets Total-$0-
Liabilities
Other Liabilities-$393,663-
Tax Exempt Bond Liabilities$385,000--
Total Liabilities$385,000$393,663▲ $8,663
Net Assets / Fund Balance
Unrestricted Net Assets$650,495$1,054,092▲ $403,597
Total Net Assets Fund Balance$650,495$1,054,092▲ $403,597
Total Liabilities and Net Assets / Fund Balance$1,035,495$1,447,755▲ $412,260
Compensation and Service Providers
Top Officer Pay58th percentile

Board Members and Trustees

NameTitle
Michael JohnstonFiscal Agent
Brian HeryfordMember
Ginny HovspianMember
Michelle AsadoorianMember
Revenue and Support

Revenue Composition

Contributions and Grants
$393,663
Program Service Revenue
$0
Investment Income
$18,597
Other Revenue
$0
All Other Contributions
$393,663
Change in Net Assets
$403,597
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,663
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$8,663--$8,663
Total Functional Expenses$8,663$0$0$8,663
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to other funds$393,663

Bond Issues

BondIssuerIssuedIssue PricePurpose
AClovis USD2005-12-01$7,820,000Construction/Modernization

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$8,046,504--$110,591
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“No review was or will be conducted.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The Organization meets regularly in conjunction with the Board meeting for Clovis Unified School District. The voting members of the Organization Board are also members of the Clovis Unified School District administration and the same policy is enforced by Clovis Unified School District.”

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

“The Organization makes it governing documents, conflict of interest policy and financial statements available to the public upon request. Information is provided by contacting the organization's Secretary.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Central Valley School District Financing
EIN
77-0129270
Phone
5593279000
Address
1450 Herndon Avenue, Clovis, CA 93612

Signing Officer

Name
Michael Johnston
Title
Treasurer
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
CA
Voting Board Members
4
Independent Board Members
0
Employees
0

Preparer

Firm
Vavrinek Trine Day & Co LLP
Address
5000 Hopyard Road Suite 335, Pleasanton, CA 94588-3351
Preparer
Aj Major
Phone
9257346600
Raw XML Appendix325 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsReceivableGrp/BOYAmt03545
IRS990/AccountsReceivableGrp/EOYAmt04800
IRS990/AcctCompileOrReviewBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The corporation was formed for the primary purpose of providing financial assistance to the Clovis Unified School District and Fresno Unified School District as well as other public agencies for construction, acquisition, improvement and remodeling of public school buildings and facilities.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt0393663
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Larry Moore
IRS990/BooksInCareOfDetail/PhoneNum05593279000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01450 Herndon Avenue
IRS990/BooksInCareOfDetail/USAddress/CityNm0Clovis
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd093611
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0393663
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt018597
IRS990/CYOtherExpensesAmt08663
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0403597
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt08663
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0412260
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0Provide financial assistance to the Clovis Unified School District for construction, acquisition, improvement and remodeling of public school buildings and facilities, and repayment of financing.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt08663
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0Ginny Hovspian
IRS990/Form990PartVIISectionAGrp/PersonNm1Michael Johnston
IRS990/Form990PartVIISectionAGrp/PersonNm2Brian Heryford
IRS990/Form990PartVIISectionAGrp/PersonNm3Michelle Asadoorian
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0Member
IRS990/Form990PartVIISectionAGrp/TitleTxt1Fiscal Agent
IRS990/Form990PartVIISectionAGrp/TitleTxt2Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Member
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0412260
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt08663
IRS990/InterestGrp/TotalAmt08663
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt018597
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt018597
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0CA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The corporation was formed for the primary purpose of providing financial assistance to the Clovis Unified School District and Fresno Unified School District as well as other public agencies for construction, acquisition, improvement and remodeling of public school buildings and facilities.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0650495
IRS990/NetAssetsOrFundBalancesEOYAmt01054092
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/EOYAmt0393663
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0386988
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt011816
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt016988
IRS990/PYRevenuesLessExpensesAmt0381816
IRS990/PYTotalExpensesAmt016988
IRS990/PYTotalRevenueAmt0398804
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0403597
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01031950
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01442955
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0393663
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to other funds
IRS990ScheduleD/TotalLiabilityAmt0393663
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02005-12-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0946006065
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt07820000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0Clovis USD
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0Construction/Modernization
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt06990783
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0110591
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02010
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt08046504
IRS990ScheduleK/TaxExemptBondsProceedsGrp/UnspentAmt0945130
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Organization meets regularly in conjunction with the Board meeting for Clovis Unified School District. The voting members of the Organization Board are also members of the Clovis Unified School District administration and the same policy is enforced by Clovis Unified School District.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization makes it governing documents, conflict of interest policy and financial statements available to the public upon request. Information is provided by contacting the organization's Secretary.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt0385000
IRS990/TaxExemptBondsInd0true
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01035495
IRS990/TotalAssetsEOYAmt01447755
IRS990/TotalAssetsGrp/BOYAmt01035495
IRS990/TotalAssetsGrp/EOYAmt01447755
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0393663
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt08663
IRS990/TotalFunctionalExpensesGrp/TotalAmt08663
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0385000
IRS990/TotalLiabilitiesEOYAmt0393663
IRS990/TotalLiabilitiesGrp/BOYAmt0385000
IRS990/TotalLiabilitiesGrp/EOYAmt0393663
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0650495
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01054092
IRS990/TotalProgramServiceExpensesAmt08663
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt018597
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0412260
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01035495
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01447755
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0650495
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01054092
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael Johnston
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Central Valley School District Financing
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Corporation
ReturnHeader/Filer/BusinessNameControlTxt0CENT
ReturnHeader/Filer/EIN0770129270
ReturnHeader/Filer/PhoneNum05593279000
ReturnHeader/Filer/USAddress/AddressLine1Txt01450 Herndon Avenue
ReturnHeader/Filer/USAddress/CityNm0Clovis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093612
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Vavrinek Trine Day & Co LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05000 Hopyard Road Suite 335
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Pleasanton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0945883351
ReturnHeader/PreparerPersonGrp/PhoneNum09257346600
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AJ MAJOR
ReturnHeader/ReturnTs02018-05-15T09:06:07-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,447,755
Liabilities
$393,663
Net assets
$1,054,092
Revenue
$412,260
Expenses
$8,663
Net income
$403,597
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.08$0.08$0.00$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.02$0.00$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$0.02$0.00$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$0.02$0.00$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.45$0.39$1.05$0.41$0.01$0.40
2016Detailed filing. Detailed filing data is available for this year.$1.04$0.39$0.65$0.40$0.02$0.38
2015Summary only. Only limited summary data is available for this year.$1.02$0.76$0.27$0.40$0.04$0.36
2014Summary only. Only limited summary data is available for this year.$1.02$1.11$0.09$0.04$0.43$0.39
2013Summary only. Only limited summary data is available for this year.$4.57$10.9$6.36$0.00$0.62$0.62
2012Summary only. Only limited summary data is available for this year.$8.59$14.3$5.74$0.00$0.76$0.76
2011Summary only. Only limited summary data is available for this year.$13.2$18.2$4.99$0.00$0.98$0.98